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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

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Question 1

The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?

Options:

A.

Costs of maintaining and reconciling ledgers can be reduced

B.

Transactions are recorded by a sole participant

C.

It will be easy to understand and work with.

D.

Records can be easily changed and amended

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Question 2

Material requirements planning (MRP I) and manufacturing resource planning (MRP II) are computerised systems used for planning the requirements for raw materials, work-in-progress and finished items and integrating with other production processes. These systems enable strong relationships to be forged with suppliers as orders can be placed with suppliers in good time to fulfill customer requirements and expectations, as well as other processes related to materials planning. Which of the following specifically can MRP I and MRP II NOT assist with? 

Options:

A.

Financial requirements planning

B.

Equipment utilisation planning

C.

Decision support planning

D.

Labour schedule planning

Question 3

Simone is a management accountant at a jewellers called ShinyShiny. She is currently conducting operational reporting for them.

Which of the following will Simone not discover during her operational reporting?

Select ALL that apply.

Options:

A.

That ShinyShiny isn't able to pay back its loans.

B.

That ShinyShiny's processes need to be improved.

C.

That the level of sales in one shop are higher than another.

D.

That the gold bangles sell better than the silver bangles.

E.

That more men than women seem to be buying their products.

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